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administration's first term and there will be a price to pay in our energy costs over the next four years. we hear people saying over and over and over again, americans must pay their fair share. the rich must pay their fair share. everyone must pay their fair share and on that i am in 100% agreement with our president, with leader reid at the other end of this building, with my friends across the aisle, democrats here who want everybody to pay their fair share, i'm in 1 pun% agreement. we -- 100% agreement. we absolutely should do that. make everybody pay their fair share. lots of folks use the metaphor, let's make sure everybody has some skin in the game. well, if you really want to have everyone pay their fair share, there is an easy answer and fortunately it would drive this economy to brand new heights, it would drive this country and our economy to a new economic renaissance. it would be incredible and all of our friends around the country who are suffering, who don't have even $3 a gallon to pay for gasoline, it would help them when they can't handle the rent going up and the
administration's first term and there will be a price to pay in our energy costs over the next four years. we hear people saying over and over and over again, americans must pay their fair share. the rich must pay their fair share. everyone must pay their fair share and on that i am in 100% agreement with our president, with leader reid at the other end of this building, with my friends across the aisle, democrats here who want everybody to pay their fair share, i'm in 1 pun% agreement. we --...
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this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >> down in wall street or washington? >> washington. washington's south; right? >> of here. >> wall street's south of here too. >> but down, down there. the meetings are about keeping people, i think, in line. we should point out that larry fink is on the treasury secretary short list. you know, i think this is jack lew's to lose, so to speak. that's what people say on wall street. if he's well in the budget negotiations, meaning, you know, basically, jamming most of the president's proposals down the republicans' throat, looks like he gets the job. that's where we are now. it's interesting watching wall street kiss up to the president on this. >> it is interesting. >> there is nobody, no economic perp i talked to who really thinks that this is the time to raise marginal taxes, even on the rich, the alleged rich, whic
this guy is a key player in the obama administration. you know, there's lots of taj about coming back to wall street. he likes it down there, and he likes working there, and that he wants a higher position, and, you know -- >> down in wall street or washington? >> washington. washington's south; right? >> of here. >> wall street's south of here too. >> but down, down there. the meetings are about keeping people, i think, in line. we should point out that larry fink...
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libya, but now a year and a half later, one republican is using the air strikes to attack president obama. texas congressman louie gohmert has cooked up a wild conspiracy theory about bombing libya. >> this administration sent planes and bombs and support to oust gadhafi so that al qaeda and the muslim brotherhood could take over libya. >> what? the administration, john mccain, and other republicans wanted u.s. air strikes on libya? they did it to oust a dictator who had american blood on his hands and was murdering his own people. and this crackpot from texas wants you to believe president obama was trying to help al qaeda? it's important to remember louie gohmert isn't a right wing blogger or a fox news host. he is a sitting united states congressman from texas. this guy has a very long and ugly history of disgusting rhetoric on a number of issues. >> i'm sure that there are people here who think abortion is okay. i don't want to make you sick, but i brought an abortion to show you today. when militaries throughout history of the greatest nations in the world have adopted the policy, ho
libya, but now a year and a half later, one republican is using the air strikes to attack president obama. texas congressman louie gohmert has cooked up a wild conspiracy theory about bombing libya. >> this administration sent planes and bombs and support to oust gadhafi so that al qaeda and the muslim brotherhood could take over libya. >> what? the administration, john mccain, and other republicans wanted u.s. air strikes on libya? they did it to oust a dictator who had american...
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first and then were increased by the obama administration. it is important to recognize the report is not political in any way, shape, or form. it endorses things heartily supported by the right in some cases and that are supported by people on the left. it is important to recognize you cannot just take the parts you like. you have to take a holistic izeroach, which is to maximu u.s. production and reduce consumption partly by diversifying our transportation sector away from petroleum. the last thing i will say before i sit down, it is important to recognize petroleum used in transportation is the pivot point of this problem. about 70% of our 18.7 million barrels a day use of petroleum in this country is for transportation, and transportation has fueled about 93% of the time by petroleum co. so if you want to reduce the united states and dependents on important new petroleum and the geopolitical issues that causes, particularly in the era when rising demand is creating potential conflicts for these resources, you have to recognize transportat
first and then were increased by the obama administration. it is important to recognize the report is not political in any way, shape, or form. it endorses things heartily supported by the right in some cases and that are supported by people on the left. it is important to recognize you cannot just take the parts you like. you have to take a holistic izeroach, which is to maximu u.s. production and reduce consumption partly by diversifying our transportation sector away from petroleum. the last...
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we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the situation plays out and if president morsi chooses democracy or dictatorship. >> i spoke about that with a guest. >> you met with high officials at the state department, the u.s. still provides egypt with economic and military assistance, about $1.3 million a year. hundreds of millions in economic aide, did they race that issue with you? there was concern that if president morsi continues to move in that direction, the u.s. assistance could be in trouble. >> i think it's important for the united states than it is for egypt. it's mutual interest and mutual benefit. and the relationship is depending on the relationshi
we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the...
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. >> that's very -- >> you did mention on the list one of the things that the obama administration loves to talk about which is government investment in green technologies. we keep hearing we can't concede the next decade of things like solar panel technology to the chinese, henceforth we have to invest in companies like sillinger. is that true? >> it's true, i think,a gross sense. the chinese have been pouring money into pharma and aerospace. the u.s. needs to sort of invest in this to stay even at least with the chinese. discussing mainly small, private startups. and i think a lot of these will spin out of the clean energy industry. sustained government investment in industries of the future, i think, is important. >> i was going to say if china is becoming more expensive because people are asking for higher wages, didn't we see the same thing when japan was a low-wage country, hong kong, isn't there always going to be a country like bangladesh with lower wages that production will shift, too? >> possibly, except china is so much a category of its own. the scale is the biggest in the w
. >> that's very -- >> you did mention on the list one of the things that the obama administration loves to talk about which is government investment in green technologies. we keep hearing we can't concede the next decade of things like solar panel technology to the chinese, henceforth we have to invest in companies like sillinger. is that true? >> it's true, i think,a gross sense. the chinese have been pouring money into pharma and aerospace. the u.s. needs to sort of invest...
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and what the obama administration has made very clear is it's got to be tax rate. well, the republicans are saying, doesn't have to be the tax rate. you can come up with other money closing loopholes and deductions and stuff like that. so right now it's just a dance, somebody's got -- the republicans have to come up with a formal offer. >> gretchen: i was going to say, they don't have a plan. >> steve: we've heard the president's plan. it's crazy, according to the republicans. now it's time for the republicans to come out with a plan and then have the democrats say, no, that's crazy. >> gretchen: one thing is for sure, nobody is going to get everything that they want. that's just the way it is, i think, in this very difficult situation. both sides are going to have to compromise. >> brian: i think the rolling stones sang about satisfaction and you can't always get it. >> steve: you can't get no. >> brian: we'll go over that and maybe sing it. costco is a company in which the president always leans on the ceo, the guy in charge, to show that he's in touch with ameri
and what the obama administration has made very clear is it's got to be tax rate. well, the republicans are saying, doesn't have to be the tax rate. you can come up with other money closing loopholes and deductions and stuff like that. so right now it's just a dance, somebody's got -- the republicans have to come up with a formal offer. >> gretchen: i was going to say, they don't have a plan. >> steve: we've heard the president's plan. it's crazy, according to the republicans. now...
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., the obama administration, nato now obviously very concerned about the regime of president assad potentially using chemical weapons, poison gas against its own people. here's the question, what is the difference killing civilians in syria with bombs from jet fighters or attack helicopters as opposed to using say poison gas or chemical warfare? >> that's a good question. in one sense in moral terms, there is no difference and almost 40,000 people have died in syria already. but i think the use of chemical weapons and poison gas, i think the fatalities would be very much greater. and it does cross a line. these aren't judgments that you can make in any scientific way. but i think what your administration, the international community is signaling to president assad, if you cross that line, there will be a strong reaction. >> those are tough words coming from president obama, from secretary of state hillary clinton, from the nato secretary-general today in brussels. but is that enough to president bahar al assad from using chemical weapons or is there something else the international community s
., the obama administration, nato now obviously very concerned about the regime of president assad potentially using chemical weapons, poison gas against its own people. here's the question, what is the difference killing civilians in syria with bombs from jet fighters or attack helicopters as opposed to using say poison gas or chemical warfare? >> that's a good question. in one sense in moral terms, there is no difference and almost 40,000 people have died in syria already. but i think...
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. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid. >> what's gone wrong? >> it's partly because there's so much turmoil in the region right now. it's how each side views its own prospects. >> how would you characterize a credible negotiation given the fact as long as we've been alive there's been these problems that keep erupting and never, ever get solved? we've been trying for 20, 30 years. it was 50, 60 years before we got one that worked. and actually back in the year 2000, and again in 2008, you have no option in the end. the only thing that works is to make it credible if we shape the negotiations. give it some shape so that we can see this is
. >> and the obama administration is saying what the united nations did unilaterally was a setback. do you agree with that? the body i represent is split. some people are in favor of the u.s. vote. the truth of it, the only thing that will work to deliver a palestinian state side-by-side with a secure state of israel is peace. as you can see we have a chance now. the president has been re-elected. i know he's deeply personally committed to this and we just have to regrip it, i'm afraid....
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"the new york times," the obama administration reportedly considering a variety of options to put an end to the violence in syria including sending direct aid and providing surface-to-air missiles to turkey. the decision to send missiles to turkey could come as early as next week according to "the times." >> "wall street journal," federal reserve likely to keep in place policy decisions made earlier this year in an effort to further boost the economy. in the fed ace latest report, says the economy grew at, quote, measured pace over the past two months, still the central bank hinted that -- i can't see. >> you've got to get those glasses on, donnie. poor guy. >> continuation of purchasing -- >> this is not a vanity moment, donnie. >> put the glasses on. you're not even on camera. oh, they're reading glasses. that was reading. >> that's why i'd never replace brian williams. >> yeah, it's just the glasses, really. "the detroit news," the auto industry has good reason to be optimistic despite the threat of the fiscal cliff. sales numbers expected to hit a four-year high when they're anno
"the new york times," the obama administration reportedly considering a variety of options to put an end to the violence in syria including sending direct aid and providing surface-to-air missiles to turkey. the decision to send missiles to turkey could come as early as next week according to "the times." >> "wall street journal," federal reserve likely to keep in place policy decisions made earlier this year in an effort to further boost the economy. in the...
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the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we reduce our deficit. >> brian sullivan, thank you so much. greatly appreciate your insights. thanks for being with us on "way too early." you can catch brian on cnbc's "street signs" at 2:00 p.m. he is the hardest working man in show business, or at least on the other side of the river. >>> coming up this morning, we've got republican senator tom coburn. can't wait to talk to tom. also, tom cole will be here on set. that's great. we're going to ask him what he was thinking last week. i'm joking. congressman. also, democratic senator claire mccaskill. can you believe this? and congressman chris van hollen. also, we're go
the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we...
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but the obama administration and harry reid right now democrats don't want social security even on the table because it is not connected. the republicans -- want it there because they want to cut social security but the democrats are saying look, social security is not the problem. there is an easy fix to that. we'll take care of that later. we'll take care of that next. but right now don't touch social security. don't touch it. just put it out of the equation. and deal with fiscal crisis as it is. deal with the need for combination balanced approach of spending cuts that the president's put forward and new tax revenue which the president knows most of it has to come for tax cuts for the wealthiest. when we solve that problem then we'll let them deal with social security. but not muck it up right now. >> announcer: this is the "bill press show." and i'm just blanking a little bit. i think his phrase for it was feed the beast going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with som
but the obama administration and harry reid right now democrats don't want social security even on the table because it is not connected. the republicans -- want it there because they want to cut social security but the democrats are saying look, social security is not the problem. there is an easy fix to that. we'll take care of that later. we'll take care of that next. but right now don't touch social security. don't touch it. just put it out of the equation. and deal with fiscal crisis as it...
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"the new york times," the obama administration secret arms shipments to qatar to help overthrow moammar gadhafi. according to "the times," some of those weapons were turned over to islamic militant groups. the support from qatar helped destabilize gadhafi's regime, but american officials remain concerned over where the arms ended up. >> "the wall street journal," egypt descending into political turmoil after another night of intense clashes on the doorsteps of the presidential palace. it's the largest confrontation since the revolution that overthrew hosni mubarak. critics say he's rushing through a constitution with an islamic agenda. >>> u.s. and russian senior diplomats will meet today with the united nations peace envoy for syria in an attempt to end the civil war there. this comes as pentagon sources tell nbc news there is intelligence suggesting the syrian government has loaded sarin gas into aerial bombs and awaiting command from president assad for its use. >>> and from our parade of papers, "the san francisco chronicle," american jazz legend dave brubeck died just short of his
"the new york times," the obama administration secret arms shipments to qatar to help overthrow moammar gadhafi. according to "the times," some of those weapons were turned over to islamic militant groups. the support from qatar helped destabilize gadhafi's regime, but american officials remain concerned over where the arms ended up. >> "the wall street journal," egypt descending into political turmoil after another night of intense clashes on the doorsteps...